My institute proposes to let it premises for use by World Military organisation for a period of three months at chrages of Rs.15 lakhs lumpsum. What is the servie tax and income tax impliation.

I am working in a Educational institution registered under 12A(a) of IT act. All the amounts in excess 15% of income are invested as per sec 11 and 12 of IT act and used for the purpose for which the institue is established. I would like to know whether this registration is enough to claim income tax exemption or is there any specific certificate to be obtained for tax exemption. please clarify.

what is the due date for trust to file a return if gross receipt exceeds 100000 before giving deduction U/s. 11 & 12? and is there is any need to file a return if GR is 22000/-

Hello! Members

Provided a facility for hiring to both public & private companies. Rent was collecting for that facility. For the same, Service Tax is applicable or not?
Whether applicable under which service it comes?

Give some more details, if anybody have similar experiance.

Please clarify the following:

1) Under Goods Transport by Road Service, Service Tax is payable on total transport amount or only 25% of the amount.

FOR A WOMEN RESIDENT ASSESSEE UPTO WHAT EXTENT IS THE MARGINAL RELIEF APPLICABLE?

IF SHE HAS A SALARY INCOME FOR WHICH SHE WOULD BE ELIGIBLE FOR MARGINAL RELIEF AND FURTHER BECAUSE OF THE CAPITAL GAINS IF HER INCOME JUST CROSSES THE MARGINAL RELIEF BORDER THEN HOW TO GO ABOUT COMPUTING THE TAX FOR THE SAME ASSESSEE?

providing fixed amount as Uniform allowance to the employees is better or reimbursement of the uniform expenditure better from the employer point of view for thepurpose of tax benefit?

further is there any way to rule out FBT on the uniform allowance?

While making payment U/S 194C(contracts)
Whether TDS to be made inclusive of service tax.
Sec 194C says TDS to be made on either the amt credited or paid which ever is earlier.

Is there any FBT on Bonus paid to employee?

can any one suggest me good firms in chennai having vacancy for pursuing my articleship... i passed my pe2 in may 07 in my first appearence with 355 marks .. please help me...i am from tiruchirapalli ....